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KM Financial Solutions | Turkey allows companies to exclude forex losses from bankruptcy calculations
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Turkey allows companies to exclude forex losses from bankruptcy calculations

16 Sep Turkey allows companies to exclude forex losses from bankruptcy calculations

Posted at 10:48h in News by
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Turkish companies will no
longer be required to count foreign-currency losses when
assessing whether to file for bankruptcy, according to a legal
change introduced at the weekend, a move that could deepen
concern about private sector debt.

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